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Water Planet Raises Series B Funding

socalTECH

Los Angeles-based Water Planet , which develops water treatment membranes, said today that it has raised a new, Series B funding round. Size of the funding was not disclosed. Water Planet said the investment came from Air Liquide's ALIAD Corporate Venture fund, Bluestem Capital and UCLA Venture Fund.

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Tribogenics Gets Funding From Nikon

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According to Tribogenics, the funds goes towards commercialization of its handheld XRF analyzer products, which allow X-rays to be taken from a small, handheld device. Tribogenics is a spinout of technology originally developed at the University of California, Los Angeles (UCLA). Size of the investment was not announced.

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Are MBAs Necessary for Start-ups or VC?

Both Sides of the Table

I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I just completed an exercise where I went out to hire a new associate for my VC firm, GRP Partners. I had to laugh a bit reading it. So back to MBAs.

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Sofie Biosciences Lands $5M In Series A

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Culver City-based molecular imaging products maker Sofie Biosciences said Tuesday that it has raised $5M in a Series A funding round. The funding was led by Tata Industries, and also included MRM Capital and the Cycad Group. The new funding comes on top of a SBIR grant the company announced earlier this month.

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ImmunGene Raises $9M

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Thousand Oaks-based ImmunGene , a startup biotech company developing antibody-based, protein therapeutics for treating cancer, said today that it has raised $9M in a Series A funding, to advance its early stage development products. According to the company, the funding came from Ally Bridge Group. to its board of directors.

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Bruin Biometrics Raises $9M

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Los Angeles-based Bruin Biometrics , a developer of a hand-held medical devices for detecting early-stage pressure ulcers, said this morning that it has raised $9M in a funding round. Bruin Biometrics said it will use the funding to accelerate commercialization of its product, which is currently available in the United Kingdom and Ireland.

UCLA 100
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Graduway Gets Investment From Manhattan Beach's K1

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The companies said the funding will provide Graduway with "significant resources" to continue its growth and innovatino efforts, as well as to expand its product suite, plus to help it grow its operations in North America. Graduway is based in the UK, and offers up its software to educational institutions and non-profit organizations.